CSBR vs SNES: Correlation
Measured on weekly returns over the past three years, Champions Oncology, Inc. (CSBR) and SenesTech, Inc. (SNES) carry a correlation of 0.29, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSBR and SNES?
Over the past 3 years, CSBR and SNES moved with a correlation of 0.29, which is weak. Lately the two have drifted apart, with the 1-year correlation at -0.14 versus 0.29 over 3 years. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 1726.0 %².
By 3-year correlation, SNES places #4 of the 11 assets tracked against CSBR. Their recent paths diverged sharply: over the last 12 months CSBR outperformed by 52.8 percentage points (-23.9% for CSBR against -76.7% for SNES). Risk is not evenly split, since SNES carries 1.9 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CSBR vs SNES: side by side
| CSBR (Champions Oncology, Inc.) | SNES (SenesTech, Inc.) | |
|---|---|---|
| 1-year return | -23.9% | -76.7% |
| 5-year return | -49.7% | -100.0% |
| Volatility (ann.) | 55.9% | 104.7% |
| Beta vs S&P 500 | 0.24 | 1.31 |
| Max drawdown (3Y) | -57.9% | -98.5% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSBR | SNES |
|---|---|---|
| 2022 | -46.1% | -84.2% |
| 2023 | +24.6% | -96.6% |
| 2024 | +52.5% | -73.9% |
| 2025 | -19.4% | -35.3% |
| 2026 | -27.4% | -48.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSBR and SNES good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CSBR and SNES?
As of 2026-08-27, the correlation of weekly returns between CSBR and SNES is 0.29 over 3 years, -0.14 over 1 year and 0.22 over 5 years.
Is SNES a good diversifier for CSBR?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/csbr-vs-snes.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/csbr-vs-snes/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CSBR correlations · SNES correlations
